Most expensive Derwood neighborhoods

Most expensive Derwood neighborhoods

Population:
2,513

Derwood profile

Living in Derwood

Derwood is a very small town located in the state of Maryland. With a population of 2,513 people and two constituent neighborhoods, Derwood is the 181st largest community in Maryland.

Derwood home prices are not only among the most expensive in Maryland, but Derwood real estate also consistently ranks among the most expensive in America.

Derwood is a decidedly white-collar town, with fully 93.51% of the workforce employed in white-collar jobs, well above the national average. Overall, Derwood is a town of professionals, managers, and service providers. There are especially a lot of people living in Derwood who work in computer science and math (17.13%), management occupations (11.87%), and teaching (9.97%).

Also of interest is that Derwood has more people living here who work in computers and math than 95% of the places in the US.

Of important note, Derwood is also a town of artists. Derwood has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Derwood’s character.

Telecommuters are a relatively large percentage of the workforce: 7.95% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

One downside of living in Derwood is that it can take a long time to commute to work. In Derwood, the average commute to work is 35.23 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the town, so leaving the car at home and taking transit is often a viable alternative.

Even though Derwood is a smaller town, it has many people who hop on public transportation – mostly the subway for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.

If knowledge is power, Derwood is a pretty powerful place. 69.53% of the adults in Derwood have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.

The per capita income in Derwood in 2010 was $38,706, which is upper middle income relative to Maryland, and wealthy relative to the rest of the US. This equates to an annual income of $154,824 for a family of four. However, Derwood contains both very wealthy and poor people as well.

Derwood is an extremely ethnically-diverse town. The people who call Derwood home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Derwood residents report their race to be White, followed by Asian. Important ancestries of people in Derwood include Ethiopian, English, Irish, and Brazilian.

Foreign born people are also an important part of Derwood's cultural character, accounting for 38.73% of the town’s population.

The most common language spoken in Derwood is English. Other important languages spoken here include Spanish and Portuguese.